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Ah shit, that was my mistake, I didn't just pick an in demand niche that no one else had already identified and filled. Good thing I had this safety net to fall
by lovich 9y ago
Ah shit, that was my mistake, I didn't just pick an in demand niche that no one else had already identified and filled. Good thing I had this safety net to fall on after I spent my savings that took me 30 years to build up to make an attempt on a business.
As it stands in the US currently if you don't receive help from your parents or some other rich connection, the average person is winning the lottery if they start a business and succeed. There is nothing between you and homelessness if you don't have the business succeed, and any sort of health problem will nuke what savings you have immediately
- asdffdsa321 9y agoYeah, seems like wealth is generally created over generations, rather than lifetimes (common case might be something like: 0 - 1 your grandparents immigrate and work hard to survive, 1-10 your parents work hard to go from subsistence to middle class, 10 - 100 you have enough safety net to take risks/follow passions/start successful bussinesses). Of course there's always exceptions.